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Bangkok Post

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MYSTERIOUS: Bangchak to pay b20 9bn for esso unit - You Need To See This

Bangchak Esso Chaiwat Kovavisarach Bangchak Corporation Financial Advisor

An Esso gas station on Bangkok's busy Rama IV Road.

The total value of shares in Esso (Thailand) to be acquired by Bangchak Corporation is estimated at 20.9 billion baht, or 9.18 baht per share, according to the latest calculation released by Bangchak's financial advisor Krungthai XSpring Securities.

The buyout deal was previously expected to be made at 8.84 baht per share, Chaiwat Kovavisarach, chief executive of Bangchak, said earlier.

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